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Allbirds Shares Tumble Amid Growing Losses

Rebecca Urena02/24/202202/24/2022

18267

Allbirds (NASDAQ: BIRD) shares fell during after-hours trading Wednesday despite posting strong fourth-quarter earnings. According to the company, rising costs within the quarter impacted profits and obscured its double-digit...

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Analyst Encourage the Purchase of Allbirds Stock Despite its Recent Tumble

Rebecca Urena01/06/202201/06/2022

230

Allbirds (NASDAQ: BIRD) shares tanked 50% from their recent highs on November 3, however, according to Morgan Stanley, it is the perfect time to buy the stock. “Valuation appears...

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Allbirds Reports Sales Growth Despite Growing Losses

Rebecca Urena12/01/2021

2668

Allbirds (NASDAQ: BIRD), a footwear and apparel company, reported that its revenue had risen 33% to USD62.7 Million, compared to the previous year. However, its losses magnified as the...

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Allbirds Shares Rise 90% Following Market Debut

Rebecca Urena11/03/2021

2021

Allbirds (NASDAQ: BIRD), a footwear and apparel company, rose over 90% during its market debut on Wednesday after rallying up a valuation of over USD3 Billion. The company’s shares...

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Adidas Commits to Producing Sustainable Products

Rebecca Urena06/16/202106/16/2021

2193

Adidas (OTCMKTS: ADDDF) CEO Kasper Rorsted reiterated the company’s pledge on Wednesday to prioritize sustainability as a key factor in its business model. According to Rorsted, social media has...

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Allbirds Prepares to IPO within a Hot Market

Rebecca Urena04/28/202104/28/2021

1981

Shoemaker, Allbirds, is in the process of interviewing banks as they prepare to go public, according to a report in the New York Times DealBook. The company has been...

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